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Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

Malawian Kwacha/South African Rand (FOREX:MWKZAR)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_MWKZAR
Open High Low MWKZAR Price Change
0.019452 0.019485 0.018978 0.019134 -0.000318
Entry Signal

MarketClub’s Trade Triangles for MWKZAR

long term down The long term trend has been DOWN since Dec 3rd, 2018 at 0.018718

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 0.019452

short term down The short term trend has been DOWN since Dec 12th, 2018 at 0.019269

Smart Scan Analysis for MWKZAR

Based on a pre-defined weighted trend formula for chart analysis, MWKZAR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for MWKZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.019452 0.019485 0.018978 0.019134 -0.000318
Prev. Close Volume Bid Ask Time
0.019452 0.017985 0.020283 2018-12-12 13:03:17
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